Ftb Form 3587 PDF Details

The Internal Revenue Service offers a variety of ways to file taxes, and Form 3587 is one of them. This form is for those who are self-employed and have income from farming. There are specific requirements that must be met in order to file using this form, so it's important to understand the guidelines before trying to use it. This article will provide an overview of Form 3587 and explain who can use it. It will also discuss the requirements that must be met in order to qualify. Finally, we'll provide a few tips on how best to complete the form.

QuestionAnswer
Form NameFtb Form 3587
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesLLP, 2008, REMICs, california

Form Preview Example

Instructions for Form FTB 3587

Payment Voucher for LP, LLP, and REMIC Electronically Filed (e-filed) Returns

General Information

Use form FTB 3587, Payment Voucher for LP, LLP, and REMIC e-filed Returns, to pay the tax only if the limited partnership (LP), limited liability partnership (LLP), or real estate mortgage investment conduit (REMIC) meets all of the following:

Files its tax return electronically

Has a balance due

Remits payment with a check or money order

Round Cents to Dollars – Round cents to the nearest whole dollar. For example, round $50.50 up to $51 or round $25.49 down to $25.

Private Mail Box – Include the Private Mail Box (PMB) in the address field. Write “PMB” first, then the box number. Example: 111 Main Street PMB 123.

Specific Instructions

Is form FTB 3587 preprinted with the LP’s, LLP’s, or REMIC’s information?

Yes. Go to number 1.

No. Go to number 2.

1.Verify that the following information is correct before writing the check or money order:

LP’s, LLP’s, or REMIC’s name

Doing business as (DBA)

Address

Federal employer identification number (FEIN)

Secretary of State (SOS) file number

Amount of payment

Contact telephone number

If a change to the information is needed, use a black or blue ink pen to draw a line through the incorrect information and clearly print the new information. Scanning machines may not be able to read other colors of ink. Then, go to number 3.

2.If there is a balance due, complete the voucher at the bottom of this page. Print the LP’s, LLP’s, or REMIC’s name, doing business as (DBA), address, federal employer identification number (FEIN), Secretary of State (SOS) file number, contact telephone number, and amount of payment in the space provided. Print LP’s, LLP’s, or REMIC’s name and address in CAPITAL LETTERS. Use a black or blue ink pen. Scanning machines may not be able to read other colors of ink.

Verify that the following information is complete:

LP’s, LLP’s, or REMIC’s name

DBA

Address

FEIN

SOS file number

Amount of payment

Contact telephone number

The information on form FTB 3587 should match the information that was electronically transmitted to the Franchise Tax Board (FTB) and the information printed on the paper copy of the 2008 Form 565, Partnership Return of Income.

3.Make the check or money order payable to the “Franchise Tax Board.” Write the LP’s, LLP’s, or REMIC’s FEIN or SOS file number and “2008 FTB 3587” on the check or money order. A penalty may be imposed if the LP, LLP, or REMIC payment is returned by the bank for insufficient funds.

Make all checks or money orders payable in U.S. dollars and drawn against a U.S. financial institution.

4.Detach the payment voucher from the bottom of this page, only if an amount is owed. Enclose, but do not staple, the payment with the voucher and mail to:

FRANCHISE TAX BOARD

PO BOX 942857

SACRAMENTO CA 94257-0531

When to Make Payment

If there is a balance due on the 2008 Form 565, send form FTB 3587 with the payment to the address listed under Specific Instructions, item 4.

The tax liability must be paid by the 15th day of the 4th month following the close of the taxable year.

When the due date falls on a weekend or holiday, the deadline to file and pay without penalty is extended to the next business day.

Penalties and Interest

An extension of time to file a return is not an extension of time to pay the tax. If the entity fails to pay its annual tax by the original due date, the entity will incur a late payment penalty plus interest. To avoid late payment penalties and interest, the annual tax must be paid by the 15th day of the 4th month, following the close of the taxable year.

 

 

Do not send a paper copy of Form 565 to the FTB.

 

 

 

DETACH HERE

Keep it for the LP’s, LLP’s, or REMIC’s records.

DETACH HERE

IF NO PAYMENT IS DUE, DO NOT MAIL THIS FORM

Fiscal year: File and Pay by the 15TH day of the 4th month following the close of the taxable year.

 

 

 

Calendar year: File and Pay by April 15, 2009.

 

 

 

TAXABLE YEAR

Payment Voucher for LP, LLP,

CALIFORNIA FORM

 

 

 

2008 and REMIC e-filed Returns

3587 (e-file)

 

For calendar year 2008 or fiscal year beginning month_______ day_______ year ________, and ending month_______ day_______ year_______ .

LP, LLP, or REMIC name

FEIN

-

DBA

Secretary of State (SOS) file number

Address (including suite, room, PO Box, or PMB no.)

City

State

ZIP Code

-

Contact telephone no.

()-

Do not send copy of return

 

Amount of payment

 

 

 

 

 

 

 

 

 

 

with payment voucher.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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FTB 3587 2008

How to Edit Ftb Form 3587 Online for Free

Through the online PDF editor by FormsPal, you're able to fill in or alter REMIC here and now. The editor is consistently upgraded by our team, receiving handy features and becoming more convenient. To get the ball rolling, go through these easy steps:

Step 1: Open the PDF file in our editor by clicking the "Get Form Button" at the top of this page.

Step 2: With this advanced PDF file editor, you're able to do more than simply complete blank form fields. Edit away and make your documents appear great with customized textual content added, or optimize the original content to excellence - all that backed up by an ability to insert any graphics and sign the file off.

This PDF form will need specific details; to guarantee accuracy and reliability, you should bear in mind the guidelines just below:

1. Complete your REMIC with a group of necessary fields. Get all the necessary information and make certain nothing is missed!

Writing part 1 of 2008

Step 3: Just after proofreading your entries, click "Done" and you're all set! Find your REMIC as soon as you subscribe to a 7-day free trial. Conveniently view the form in your FormsPal account, along with any edits and changes being all preserved! We don't share any information that you use while completing forms at our website.